FONU2 Inc (FONU)

[RicFlair]

https://www.cbsnews.com/news/sec-former-ny-gov-david-paterson-violated-securities-laws/

“The trio -- Roger Miguel, Jake Shapiro and Manu Kumaran -- allegedly claimed construction had begun and had projected dates when the studio would be operational, all the while knowing they didn’t have the funds to begin building the touted “Studioplex,” the SEC said.
Miguel agreed to settle the charges against him, while litigation continues against Shapiro and Kumaran, with the latter accused of spending $1,700 a day of company funds while publicly claiming he didn’t draw a salary. Shapiro allegedly misappropriated company funds for personal use, living in a house worth nearly a million dollars that the company paid for.”